Restockers snap up light yearling steers at 500c at Warwick

Restockers snap up light yearling steers at 500c at Warwick

Sales
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Yearling steers were particularly strong to both restock and feed buyers at Warwick on Tuesday.

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Numbers rebounded at Warwick this week with 1220 head yarded, as cattle producers looked to capitalise on the recent improvement in the market.

All the regular buyers were present and active, with additional restocker buyers operating on the light weight cattle.

Yearling steers were particularly strong to both restock and feed buyers. Yearling heifers were mixed with the market pulling back some of the recent gains in places.

However the light weights to restock were the significant exception to experience large gains. Light weight yearling steers under 200kg sold to restockers at 500c to average 440c/kg. Medium weights to feed made to 406c to average 398c/kg. Light weight yearling heifers to restockers made to 422c to average 401c/kg. Medium weights to feed made to 357c to average 345c, to gain 29c/kg.

Grown steers to feed were mostly firm with light weights making to 413c, and medium weights to 385c, while heavy weights to processors sold to 361c/kg.

Grown heifers under 540kg came under some pressure with feeders averaging 274c, to ease by 27c, while 3 scores to processors averaged 322c ,to decline by 14c/kg. Heavy weight grown heifers over 540kg to processors were firm.

Cows were mixed in price for the day with light weights to restock dearer to average 223c to gain 23c/kg. The heavy cows to processors were cheaper averaging 294c, to eased by 21c/kg.

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